Educational Articles

Again, making a profit is very different form generating revenue. Anyone can open a company and generate revenue. It takes a savvy business expert to turn a profit. Since the beginning of time there are only two ways to grow your business. You can grow your business buy attracting new customers or you can grow your business by solving additional problems for your existing customers.

Dale believed and taught that “It’s possible to change other people’s behavior by changing one’s behavior toward them.” Born in Maryville, Missouri, on Nov. 24, 1888, Dale knew only poverty as a boy. He ascended to become the top salesman in his company and region by hard work and study.

Performance Based Compensation SERVICE Performance Based Compensation Each contracting company is different, so there is no absolute way to setup PBC. Your industry niche, your employees, and your company’s culture all play a part in designing the best PBC plan. With that in mind, we will provide several examples to get you thinking about how to create the perfect plan for your particular circumstances.

In five short years, Tower Records died for three simple reasons: To continue their expansion internationally they began borrowing money from investors and accumulated massive debt. The marketplace changed and they did not change with it. Their customers wanted singles, they pushed LP’s. What got you “here” won’t take you “there!” There was a tectonic shift in the music industry — Napster — virtually overnight, kids were downloading music for free. Tower did not change with the times.

Managers manage people; it’s one to one. A manager grows people. He inspires change, coaches up, teaches specific skills, encourages people to take risks and stretch comfort zones. He brings out the best in people. He truly cares about the people he serves. It really is true — you can have everything you want in life if you only help enough other people get what they want or need, first.